ATTN INVESTORS: 16 Units | Flatlands | 4 Vacant Units Massive 16-unit multifamily building for sale in Flatlands (Flatbush). This is the value-add opportunity you've been waiting for. A rare find for the strategic investor! Immediate Upside: 4 units delivered vacant at closing-ideal for rent growth. The Income: 12 stabilized units provide a strong, reliable cash flow. Prime Location: Walking distance to Kings Plaza, and major transit. This solid 16-unit brick building in Flatlands/ Flatbush offers the perfect blend of stable income and immediate upside. With four units delivered vacant, gives the new owner significant value-add opportunity for rent growth in a high-demand residential neighborhood. While the building is primarily rent-regulated, the delivery of 3-4 vacant units allows a rare mark-to-market opportunity in an otherwise locked market. Solid brick construction, updated mechanicals, and a clear path to increased NOI. Act fast-this will not last. Great opportunity for a 1031 exchange!
Listing By
Agency Name: eRealty Advisors, Inc
Agency Contact: 914-712-6330
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
19 Hubbard Place | MLS# 979243
This commercial property located at 19 Hubbard Place , Brooklyn, NY 11210 is currently listed for sale with an asking price of $3,399,000. Search Brooklyn real estate on www.coldwellbankerchoice.com today.